6 Small Business Ideas
If you’re looking to start a small business, the world of entrepreneurship is often very appealing. In order to succeed, you’ll need a strong work ethic, plenty of drive and the ability to keep going, even when things get tough. With these abilities and skills, the next step is figuring out what type of business you want to start. Some entrepreneurs already have a million-dollar idea, but others need a little bit of help. These ideas for small businesses can help you achieve success while taking the opportunity to become your own boss.
For creative individuals, opening a business that plays to that strength increases the odds of success. If you have a strong background in writing or even a brand-new English degree, working as a copywriter or content producer is a good place to start. In today’s online, content-driven world, businesses need fresh, engaging and appealing content to keep the attention of people browsing their sites or social media platforms. A single blog post or article that goes viral can transform the success of a business. Most companies are looking to capitalize on good content as part of an overall marketing strategy.
Along the same lines, smaller businesses may be looking for help with their marketing. A company with only a handful of employees probably doesn’t have the resources to hire a full-time, in-house marketing manager, but they may be able to afford consulting or as-needed services. If you have a background in marketing, consider opening your own business that caters to these types of clients. You can take on multiple clients at the same time, allowing you to make more money and enjoy a varied workload.
Advertising and public relations experts can also provide their services to companies who need extra assistance in these areas. The way a company presents itself online and in the news will heavily impact the success of the business. Come into meetings with potential clients with a strong portfolio and proven results. PR professionals may also be hired to handle messy situations and restore the overall brand value back to the company.
Social media is huge in marketing right now, so if you have experience with handling accounts on a corporate level, you could open a consulting business for companies in need of improved online presence. In this type of business, you’d be responsible for creating calendars with content and planned share dates, tracking analytics to see how well different items perform and engaging with followers on various platforms.
If you love making people look and feel their best, consider opening a beauty salon in your area. In order to handle certain services, you’ll need licensed professionals to perform the work. If you’re licensed as a hairdresser or aesthetician, all you’ll need are the supplies and enough space to perform your services. Some people start their beauty businesses in their own homes, which can be more affordable than renting salon space, but you’ll need to make sure to hold a current business license and follow all zoning laws in your area.
Event Planning and Management
For those who pay close attention to detail and thrive under pressure, event planning and management can be good options for a business. Wedding planning is always needed, no matter where you live. Busy couples who don’t have the time or just don’t want to plan their big day will rely on your business to plan and execute the perfect event. If you’d rather not deal with bridezillas, you can also focus on corporate events, which often don’t have the same level of emotion associated with them. Businesses host events of all sizes for their employees and clients.
In order to succeed with an event-planning business, you’ll need to establish relationships with a variety of vendors. Your clients will expect you to have the best connections for catering, cakes, favors, decor, floral arrangements, attire and all other details needed for the big event.
Along the same lines, starting a videography or photography company is a way to earn income while showcasing your creative skills. Videographers and photographers are often hired to document big events, such as weddings, births and other major happenings in life. Photographers usually offer family photos as well. For this type of business, you will need to have a high-quality camera that can capture frame-worthy photos, along with an understanding of how to arrange people, use light and manage the surroundings to produce excellent work.
As you prepare to start your small business, consider all of the other small businesses out there that might be in need of specific services. When a business first starts, the owner typically can’t afford to hire enough people to fill every important department, such as IT, HR or accounting. By offering these types of services to clients, you can put your skills to use while making other business owners’ lives easier.
As an IT consultant, you can work with clients on an as-needed basis, when their equipment isn’t working properly. Many IT professionals can handle the troubleshooting and repairs via a remote connection, so starting this type of business doesn’t limit you to clients in your specific area. HR consulting is another great business opportunity for those with experience in this industry. As a consultant, you can meet with small business owners to help them produce employee manuals, discuss how to hire freelance or contract workers and manage the people of an organization.
Small businesses may also need help with accounting services. Even if you’re not a CPA, you could learn more about bookkeeping and offer your services to help companies manage and track their expenses. If you do have a background in accounting, business options include tax preparation, auditing and more advanced accounting services. It’s important to hold a current CPA license in the state in which you plan to offer your services, or you may find that it’s more difficult to attract clients who trust your skills and expertise.
Just about every business relies on some type of equipment, whether it’s for manufacturing, printing or baking. For those with experience in equipment repair and maintenance, offering these services to individual clients in your area can be a good business venture. You could choose to specialize in specific types of equipment or offer more broad services to clients across many different industries.
Before you can start your business, you’ll need access to the right tools to bring on your jobs. Most of your clients will want repairs to be done as soon as possible since a damaged piece of equipment can interrupt the workflow or slow down production dramatically, so you may want to offer extended hours at a higher hourly rate.
Office buildings, retail stores, industrial facilities and other commercial locations all have one thing in common: they all produce waste. Another idea for starting a business is offering waste collection and disposal services to building owners and management companies. When you can arrange contracts to handle the important services around waste in multiple locations, you can quickly get your business off the ground and start generating referrals. This type of business will require a disposal truck, along with staff members who are physically able to lift and dispose of waste.
The transportation industry has several options for potential entrepreneurs. People will always need transportation, whether they need to get themselves from one place to another, or they have goods and supplies that need to move to another location. One option for a small business is starting a taxi service, which will offer transportation to locals and visitors to a specific area. This type of business will require a reliable vehicle and a good sense of the area in which you will be transporting people. You may want to choose a van or an SUV to accommodate more passengers and luggage.
Local businesses may also need courier or delivery services to move their products. You could offer delivery services for restaurants and bakeries, delivering food to customers. Working as a courier usually involves picking up documents and delivering them to other people.
If starting a business that does good in your community is important to you, consider opening a shelter or offering programs for local youth. Although these business ventures might not make you a millionaire, they will give you more satisfaction than you might find in other industries.
A homeless shelter offers temporary habitation for those who aren’t capable of paying rent or finding housing for themselves. You will need to have compassion for others and be willing to handle challenging circumstances. A homeless shelter can provide a temporary safe place for an individual or family to stay, keeping them off the streets. To start this type of community support business, you would need a facility large enough for multiple people to stay there, along with beds, bedding and hygiene supplies. Local businesses and organizations might lend support by donating supplies or other necessities.
Another idea for a small business is starting a mentorship program for local youth. At-risk youth tend to become involved with drugs and violence, but having a mentor can help reduce those odds dramatically. One of the biggest problems for at-risk youth is having access to the resources they need to succeed, such as tutoring, career preparation and real-life guidance. If you can use your business venture to connect skilled, successful people to local youth who need a little bit of extra help, you could transform the future generation in a very positive way.
Residential property owners are in need of services as well, so starting a business that caters to these needs can be successful. One way to earn a living is to offer landscaping services. If you have a background in landscape design, you could work closely with property owners to design and create beautiful outdoor spaces. Even those without much experience can offer lawn-mowing, trimming and yard care services. Many property owners don’t have the time or desire to keep up with yard maintenance themselves, giving this business the potential for success.
Contractors and home renovation specialists can also start businesses designed to improve the interiors and functionality of residential structures. Home renovations are very popular, allowing property owners to improve the value of their homes while enjoying beautiful, modern upgrades. You could also start a house painting business, with both interior and exterior services.
Another option for a small business is starting a housecleaning service. Some clients could become repeat customers, requesting service once or twice a week. Cleaning businesses rely heavily on referrals, so it’s important to pay close attention to detail and do good work on every job.
For working parents, child care is a necessity. If you have space to accommodate children, consider opening a daycare business in your home. You will need to hold a current license to operate a child care business, as well as provide a safe and secure place for kids when their parents are away. Most local licensing divisions will also perform regular inspections to make sure the facility is safe and up to all standards.
Pet owners also need services, so opening a pet boarding facility can provide peace of mind to those who are traveling and need a place for their furry friends to stay. When clients bring their pets to your facility, you’ll need to have plenty of space for cats and dogs of all sizes, along with separated spaces for those who don’t get along well with other animals. It’s best to secure a property with a fenced outdoor area for dogs to get some exercise.
Every small business owner will need help at some point, whether it’s with funding options or understanding the industry in which the company will operate. When you’re armed with the tools needed for success, along with the traits and skills that make for a great business owner, you can achieve success and reap the benefits of running your own company.